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Jul 30, 2013
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we had a lot of deficit reduction. i guess the question i'll start with bob on the end is i think there are at love people say boy, it would be a big deal if people like the two of you people have your view on things came out and said right now the problem isn't the deficit. the bigger problem is the state of the economy and the is deficit is second. why not make that argument from your perspective? and push the deficit to second degree? >> well, i think we keep make the case on the grand bargain side that the short term deficit is not the problem. and that what we need to do from a grand bargain point of view is attack the structure deficit, which is the long-term mismatch between spending program and revenues. and you need to put those things on the table. so i would agree that in the short term the deficit is coming down it's looking better. i don't see it as a reason to postpone trying to address that structure deficit, which i've always viewed as a real problem. i don't think the problem has been solved. the numbe
we had a lot of deficit reduction. i guess the question i'll start with bob on the end is i think there are at love people say boy, it would be a big deal if people like the two of you people have your view on things came out and said right now the problem isn't the deficit. the bigger problem is the state of the economy and the is deficit is second. why not make that argument from your perspective? and push the deficit to second degree? >> well, i think we keep make the case on the grand...
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Jul 25, 2013
07/13
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a $500 billion deficit is a devastatingly large deficit. and as bad as that is, several years in the future, under current projections -- and this assumes that we live within the law -- within a few years these deficits start to explode again even beyond the current levels which are already unacceptable. so i just think that this is a very, very important -- this is the first appropriations bill that the senate is considering this year. this is the one that's going to determine whether we're going to go down a path of disregarding the bipartisan presidential signed law of the land which is in existence right now. this bill is designed to be part of a process that busts that wide open so that we spend more money that we can't afford. madam president, i think that would be a huge mistake. this is a motion to recommit back to the committee to report out a bill where they can establish the priorities and the allocation within the limit, but set the limit at a level that's consistent with the caps. and so, madam president, i move to commit s. 12
a $500 billion deficit is a devastatingly large deficit. and as bad as that is, several years in the future, under current projections -- and this assumes that we live within the law -- within a few years these deficits start to explode again even beyond the current levels which are already unacceptable. so i just think that this is a very, very important -- this is the first appropriations bill that the senate is considering this year. this is the one that's going to determine whether we're...
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Jul 31, 2013
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i do not think he cares one iota on the deficit will stop -- on the deficit. the bipartisan policy center has been leaders on that. --n simpson and irking bowls bowlesd bowls -- erksine have been doing fantastic work. we cannot continue with the explosion of a lot of entitlements in the out years. there are not going to be as many people contributing. that outlay is not really sustainable. the president has provided no leadership. very little leadership from congress. that is regrettable. it curtails the ability to do significant deficit reduction. we do not have a budget for three or four years. i hope they get a conference agreement deal done towards the end of the year. they are a long way apart. wants to have trillions of dollars over 10 reformnd not to do tax unless you do that, the chances of that happening are zero. almost -- it is more than chilling. , in myery regrettable opinion. it will not happen. there will not be a grand bargain. these long-term problems will get worse. >> there's a difference of opinion. member to leave a senator.ace was i know
i do not think he cares one iota on the deficit will stop -- on the deficit. the bipartisan policy center has been leaders on that. --n simpson and irking bowls bowlesd bowls -- erksine have been doing fantastic work. we cannot continue with the explosion of a lot of entitlements in the out years. there are not going to be as many people contributing. that outlay is not really sustainable. the president has provided no leadership. very little leadership from congress. that is regrettable. it...
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we are paying down the deficit. we are committed to reducing and eliminating the deficit and balancing the budget. but we are committed also to making sure that the middle-class growth in this that businesses can grow and this takes us in the opposite direction. senator schumer. >> well, thank you. i want to thank senator stabenow with her leadership on this and her focus on the middle class which is where our focus should be. now, while today's g.d.p. numbers might have been better than economists expected, they're still way below the expectations of most americans. if there was any doubt left that the sequester was a self-inflicted wound that our economy simply cannot afford, the report the commerce department issued today certainly should put an end to that. the economy should be taking off, creating millions of middle-class jobs and reversing the decline on middle-class incomes. instead, the new figures show that sequester is an ankle weight on our economy that's responsible for fewer jobs, slower growth, delaye
we are paying down the deficit. we are committed to reducing and eliminating the deficit and balancing the budget. but we are committed also to making sure that the middle-class growth in this that businesses can grow and this takes us in the opposite direction. senator schumer. >> well, thank you. i want to thank senator stabenow with her leadership on this and her focus on the middle class which is where our focus should be. now, while today's g.d.p. numbers might have been better than...
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Jul 30, 2013
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the real drivers of the deficit. tax expenditures, entitlements. the real drivers of the deficit. thus lifting sequestration along with the drag it represents on our economy and the mockery it makes of the appropriations process. the bill before us is exhibit a of this travesty and i urge my colleagues to raise their voices and their votes against it. i yield back the balance of my time. the chair: the gentleman yields back. the gentleman from arizona reserves. mr. pastor: mr. chairman, i reserve my time. mr. latham: mr. chairman, i reserve at this time. the chair: the gentleman reserves. the gentleman from arizona is recognized. mr. pastor: mr. chairman, i yield three minutes to my distinguished friend from chicago, mr. quigley. the chair: the gentleman from illinois is recognized for three minutes. mr. quigley: thank you, mr. speaker. mr. speaker, i became a member of the appropriations committee this congress to make the tough funding choices that determine our national priorities. but this year's budget allocatio
the real drivers of the deficit. tax expenditures, entitlements. the real drivers of the deficit. thus lifting sequestration along with the drag it represents on our economy and the mockery it makes of the appropriations process. the bill before us is exhibit a of this travesty and i urge my colleagues to raise their voices and their votes against it. i yield back the balance of my time. the chair: the gentleman yields back. the gentleman from arizona reserves. mr. pastor: mr. chairman, i...
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Jul 29, 2013
07/13
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and, look, we have a decline in the debt, the deficit from last year. the debt continues to grow, but the annual deficit is shawler this fiscal -- smaller this fiscal year than last. however, that's a temporary reprieve. the congressional budget office and the office of management and budget say the deficit will reduce, the annual deficit will reduce and then start to grow again, and during the entire time the debt keeps growing. and as you said in your introduction, the total debt of the united states both public debt and what's called intergovernmental obligations, that total debt is now bigger than the size of the u.s. economy. jon: i don't know of a family or a small business that hasn't slunk its budget over -- shrunk its budget over these last few years of economic be malaise. why can't the federal government seem to do it, karl? >> well, that's a good question. and realize the republicans in the house aren't asking to shrink the budget relative to years past, merely to moderate future increases. part of this is because we have so many programs, a
and, look, we have a decline in the debt, the deficit from last year. the debt continues to grow, but the annual deficit is shawler this fiscal -- smaller this fiscal year than last. however, that's a temporary reprieve. the congressional budget office and the office of management and budget say the deficit will reduce, the annual deficit will reduce and then start to grow again, and during the entire time the debt keeps growing. and as you said in your introduction, the total debt of the...
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Aug 1, 2013
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, almost a trillion-dollar deficit this year. this nation total is almost $17 trillion in debt, and the federal reserve, its balance sheet has swollen from $800 billion in august of 2007 to over $3.5 trillion today. and so, mr. president, now more than ever, s. 101, the state and local government bailout prevention act, is appropriate, is needed, and that's why i come to the floor today to urge expeditious passage of s. 101. this bill is very simple, basic, straightforward but important. it would basically do four things. first, it would prohibit the use of federal funds to bail out state and local government budgets. secondly, it would prevent the federal reserve from providing assistance to or creating a facility to help, again, state and local government in a bailout situation. third, it would prevent congress and the treasury department from bailing out state and local governments. and fourth, there is specific language so we don't create any confusion that this is not intended to stop or deter or interfere with appropriate a
, almost a trillion-dollar deficit this year. this nation total is almost $17 trillion in debt, and the federal reserve, its balance sheet has swollen from $800 billion in august of 2007 to over $3.5 trillion today. and so, mr. president, now more than ever, s. 101, the state and local government bailout prevention act, is appropriate, is needed, and that's why i come to the floor today to urge expeditious passage of s. 101. this bill is very simple, basic, straightforward but important. it...
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Jul 30, 2013
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. >> in 2.5 hours, a deficit reduction in the economy and then after that senator john mccain eulogizes his late conrad including retired chief officer george but they. >> the first lady reflects the united states and what we are supposed to do today. we as was to be mother in chief and to navigate that if the president is supposed to be out of state and out of government, is the first lady supposed to be the ideal fashion as to, is she supposed to be the mother in chief or the first help me, at the same time, if she's going to be first help me, just understand what is going on in the administration and what is going on in the country and she must understand her husband's local agenda. so you cannot really separate for the first lady presents herself in the conflicting expectations that the country still has poor working lives and working mothers. >> consumer conversation on first ladies, historian and need a black and richard norton smith and others talk about the role of first lady and its move from traditional home and family to activism on the half of important issues and the transi
. >> in 2.5 hours, a deficit reduction in the economy and then after that senator john mccain eulogizes his late conrad including retired chief officer george but they. >> the first lady reflects the united states and what we are supposed to do today. we as was to be mother in chief and to navigate that if the president is supposed to be out of state and out of government, is the first lady supposed to be the ideal fashion as to, is she supposed to be the mother in chief or the...
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Jul 30, 2013
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we collect taxes and we have a deficit of $1 trillion a year. when the money comes in, it goes nice entry toa figure out how much money we collect, but there is no such thing as a medicare or social security trust fund. we are collecting more money taxes, then hi payroll tax and medicare, and we are spending. on current services, it is solvent. as there are more seniors and fewer taxpayers, there will be fewer taxpayers, but the reality is there is no money in the trust fund. it is spent on something else. the fundamental problem is we have more seniors coming down the pike and fewer taxpayers, so at some point we will have to cut benefits or pay more taxes. there is no magical trust fund. i spent many years at omb. -- host: sea of tranquility on twitter wants to know -- how do you measure the quality of care in medicare and medicaid, hasn't changed over the years and what are the factors? guest: it depends on the state. there are vastly different programs. new york state probably spends probably about $8,000 or $9,000 per beneficiary. some of t
we collect taxes and we have a deficit of $1 trillion a year. when the money comes in, it goes nice entry toa figure out how much money we collect, but there is no such thing as a medicare or social security trust fund. we are collecting more money taxes, then hi payroll tax and medicare, and we are spending. on current services, it is solvent. as there are more seniors and fewer taxpayers, there will be fewer taxpayers, but the reality is there is no money in the trust fund. it is spent on...
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Aug 1, 2013
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to actually achieve something he said he wanted to, which is lower the deficit. likes to take credit for it. second, i'd like to also remind my friends, mr. speaker, in closing, that i think these bills really are good bills. they provide important checks on the expanding power of the executive branch. how many times have all of us gone home and been regaled with tales of bureaucrats that are simply out of control, rules that make no sense or have an enormous economic impact? it happens all the time. that needs to change. senator daniel webster described the federal government as, quote, made for the people, made by the people, and answerable to the people. i would suggest we've forgotten the last of those three phrases, answerable to the people. that's what these bills are about, trying to make the federal government more responsible -- responsive an more answerable to the people. the underlying bills recognize just that and restore the power of governance to elected officials, not to unaccountable washington bureaucrats. i would urge my colleagues to support th
to actually achieve something he said he wanted to, which is lower the deficit. likes to take credit for it. second, i'd like to also remind my friends, mr. speaker, in closing, that i think these bills really are good bills. they provide important checks on the expanding power of the executive branch. how many times have all of us gone home and been regaled with tales of bureaucrats that are simply out of control, rules that make no sense or have an enormous economic impact? it happens all the...
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floor today to talk about an issue that is at the heart of the discussion of our national debt and deficit, and that is health care spending. these days, around washington, there is a regular refrain echoing through the hallways -- in order to fix our deficit, we must cut medicare and medicaid benefits. well, that is wrong. that idea is according to the former c.e.o. of kaiser permanente, somebody who knows a little something about health care, and i'll quote him, so wrong it's almost criminal, it's an inept way of thinking about health care. i could not agree more. it was put this way by from herrick, who is a columnist for my hometown paper, the providence journal. i'll quote her -- "the dagger pointed at america's economic viability hasn't been the existence of government programs like medicare. it's been the relentless rise in health care costs that plagues not only medicare and medicaid but everyone who uses health care. attacking medicare and medicaid ignores the fact that our health care spending problem is systemwide and not just unique to federal programs. our colleague, senator a
floor today to talk about an issue that is at the heart of the discussion of our national debt and deficit, and that is health care spending. these days, around washington, there is a regular refrain echoing through the hallways -- in order to fix our deficit, we must cut medicare and medicaid benefits. well, that is wrong. that idea is according to the former c.e.o. of kaiser permanente, somebody who knows a little something about health care, and i'll quote him, so wrong it's almost criminal,...
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Jul 24, 2013
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we must reduce our deficit by passing this comprehensive immigration reform. thank you very much and i yield back my time. the speaker pro tempore: for what purpose does the gentlelady from california seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, the gentlelady is recognized for one minute. >> thank you very much, mr. speaker. ms. pelosi: mr. speaker, on the floor today we heard from some of our colleagues in the majority starting with the speaker of the house demand that the president work with congress to create jobs and grow the economy. if republicans were willing to spend time on these issues that would be really good news. i think there's really -- it's necessary for us to have a reality check. in the six months of this congress that the republicans were in the majority, there has been no jobs bill brought to the floor. there has been no budget bill brought to the floor. the budget is the blueprint for job creation, for deficit reduction, for growing the economy, for creating jobs, for keeping ameri
we must reduce our deficit by passing this comprehensive immigration reform. thank you very much and i yield back my time. the speaker pro tempore: for what purpose does the gentlelady from california seek recognition? >> to address the house for one minute. the speaker pro tempore: without objection, the gentlelady is recognized for one minute. >> thank you very much, mr. speaker. ms. pelosi: mr. speaker, on the floor today we heard from some of our colleagues in the majority...
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Jul 24, 2013
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>> well, clearly, lawrence, he's going to try to pivot away from nsa controversies and the deficits, and he also understands that in the fall it's all going to be about lifting the debt ceiling and back to business as usual in terms of gridlock over the economy. so i think he wants to change the parameters of the economic debate. i have not seen the speech. but i understand that he wants to talk about inequality not in terms of unfairness solely but also in terms of it being bad for everybody in the economy because you need a growing middle class to have the purchasing power to keep the economy going. >> let's listen to one other preview he gave about tomorrow's speech. what he might say. >> i'm going to talk about where we need to go from here. now we need to put behind us the distractions and the phony debates and nonsense that somehow passes for politics these days, and get back to basics. and you know, it's going to be the kickoff to what is essentially several months of us trying to get washington and the press to refocus on the economy and the struggles that middle-class famili
>> well, clearly, lawrence, he's going to try to pivot away from nsa controversies and the deficits, and he also understands that in the fall it's all going to be about lifting the debt ceiling and back to business as usual in terms of gridlock over the economy. so i think he wants to change the parameters of the economic debate. i have not seen the speech. but i understand that he wants to talk about inequality not in terms of unfairness solely but also in terms of it being bad for...
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we have a serious accumulated deficit for maintenance. and this was part of a bipartisan, long-term agreement to solve this problem and improve service and meet the federal responsibilities. i appreciate the advocacy and the eloquence of my friends from virginia and maryland who have come to the floor and pointed out this responsibility. but i speak from somebody who is representing a district 2,300 miles away. but i too have an interest in the federal government being a responsible partner and helping metro function properly. many of us were on the floor of the house during 9/11. that was a horrible week in our nation's capital. but for the metro system, the rea would have been paralyzed. i suggest that this is, i hopewell intentioned, but i think it's shortsighted and it underscores the problems we have had in the district to deal with long-term capital investments. as has been pointed out, the local governments surrounding are part of the partnership and are contributing money. i would hope that the federal government understands its r
we have a serious accumulated deficit for maintenance. and this was part of a bipartisan, long-term agreement to solve this problem and improve service and meet the federal responsibilities. i appreciate the advocacy and the eloquence of my friends from virginia and maryland who have come to the floor and pointed out this responsibility. but i speak from somebody who is representing a district 2,300 miles away. but i too have an interest in the federal government being a responsible partner and...
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does it reduce the deficit? let's take a conversation to the public. we want to succeed with the issues that are important to the electorate. sometimes they turn off the discussion and it's understandable. also, the inside language on raising the debt ceiling, what does it mean? what it means to you and everyone with a 401(k) is that there will be losers in this. it's important for people to know that these decisions have ramifications in the lives of american people and how it effects them. how many of you check your 401(k) on a regular basis? maybe you don't, but many americans do. since the president has been in office, the stock market has improved. any discussion of a shutdown or not reaching the debt ceiling, undermining the full faith and credit of the united states of america hurts people individually. they should know that. this is about a few good items to take to the public on how it them. the most important thing is how we create good day and jobs as we reduce the deficit to strengthen the middle class. we are depending on you to get the me
does it reduce the deficit? let's take a conversation to the public. we want to succeed with the issues that are important to the electorate. sometimes they turn off the discussion and it's understandable. also, the inside language on raising the debt ceiling, what does it mean? what it means to you and everyone with a 401(k) is that there will be losers in this. it's important for people to know that these decisions have ramifications in the lives of american people and how it effects them....
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Jul 26, 2013
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we have a very serious infrastructure deficit as well as a fiscal deficit that gets much less attention, but it is probably more immediately important to the american people when bridges are not safe, highways are not smith, water is not cleaned properly and the services that are accustomed to are not provided. i think we need to work on this. i am a big fan of the tifia program, but my rhode island director of transportation tells me we have nothing that qualifies for the tifia program. we have plenty of highways that need to be repaired. we have plenty of bridges that need to be repaired. we have an enormous amount of work to do. we have aging infrastructure. on the waterside, it is equally serious. i think we are a $6 billion in water infrastructure we are behind on and our water resources bill is trapped in the senate because the house cannot legislate. it is a frustrating circumstance to be in. q&a, and want to ask your thoughts about other creative ways in which we can go forward, particularly to help states like mine where tifia does not apply. i welcome you. this is a big issue.
we have a very serious infrastructure deficit as well as a fiscal deficit that gets much less attention, but it is probably more immediately important to the american people when bridges are not safe, highways are not smith, water is not cleaned properly and the services that are accustomed to are not provided. i think we need to work on this. i am a big fan of the tifia program, but my rhode island director of transportation tells me we have nothing that qualifies for the tifia program. we...
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Jul 31, 2013
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we saw unemployment in the country increased, and we saw deficits increase. we want to get people working again. we have good ills that have passed -- good bills that have passed with bipartisan votes. host: david in quincy, michigan. a republican. high. good morning, steve. my comment is i work for a company that is about a $100 billion company. because of the taxes -- and they told employees that this is the reason, because of obama's high corporate taxes -- they moved 50,000 jobs to china. they stated in a letter that obama or republicans can get taxes down to 15%, they would be happy to return to america and hire those 50,000 people back. this goes along with general motors, who has also moved -- i live in michigan -- so gm has moved to china, laying off people for the same reason. as has apple. steve jobs told obama this, that if they did the -- if they did not lower taxes, they would be forced to move to china, and they did. general electric. all these countries need to taxes lowered to 15%. they could bring about 25 million jobs back to the united stat
we saw unemployment in the country increased, and we saw deficits increase. we want to get people working again. we have good ills that have passed -- good bills that have passed with bipartisan votes. host: david in quincy, michigan. a republican. high. good morning, steve. my comment is i work for a company that is about a $100 billion company. because of the taxes -- and they told employees that this is the reason, because of obama's high corporate taxes -- they moved 50,000 jobs to china....
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he said look, we cannot -- we care about deficit reduction. we care about bringing spending into line. focusing on the middle class, job growth, middle-class incomes is number one in america. that is what is beginning to happen here. for 30 years the republicans seemed to or felt they had high cuts. as talking about a result of those cuts in part, middle-class incomes are declining. as a result of sequestration, job growth is still anemic. and the american people are realizing it. so focusing on investment that helps in the class and being very clear and specific about where they are is the new day and the new way in america. they're going to have it -- find it very difficult to say they're going to shut down the government or let the debt not be repaid. simply to continue these cuts which hurt middle-class jobs and hurt middle-class incomes. and as harry and mentioned, our caucus is so completely united here they are divided. they are all over the lot. some people want to shut down the government for this reason. some people want to shut down
he said look, we cannot -- we care about deficit reduction. we care about bringing spending into line. focusing on the middle class, job growth, middle-class incomes is number one in america. that is what is beginning to happen here. for 30 years the republicans seemed to or felt they had high cuts. as talking about a result of those cuts in part, middle-class incomes are declining. as a result of sequestration, job growth is still anemic. and the american people are realizing it. so focusing...
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Jul 31, 2013
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at the end of the day, though, let's remember, students are still paying into the deficit of this country. congressional budget office has told us over 10 years, $184 billion of revenue is going to be generated through this program towards the deficit. we need to change that. that's not the purpose of the stafford student loan program. when senator stafford from vermont passed it many years ago. it was about providing an affordable system of access for higher education, not a cash windfall for the coughers of the government. and that's why we have more work to do, that's way we need to pass a higher education authorization act which again balances these priorities in the right direction for students, not for government coughers and again this legislation gives us the time to address that issue and come out with a even a better program -- even a better program for students which is good for them and good for our country, to make sure we have a work force which is ready for the challenges of the future and i yield back the balance of my time. the speaker pro tempore: the gentleman's time ha
at the end of the day, though, let's remember, students are still paying into the deficit of this country. congressional budget office has told us over 10 years, $184 billion of revenue is going to be generated through this program towards the deficit. we need to change that. that's not the purpose of the stafford student loan program. when senator stafford from vermont passed it many years ago. it was about providing an affordable system of access for higher education, not a cash windfall for...
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Jul 24, 2013
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meaning that billions of dollars will not be generated off the backs of students to reduce our budget deficit, something that was included in the version of this legislation that passed the house and was a key feature on an earlier republican bill that received a vote in the senate, an passing vote but received a vote. and, again, these are the compromises made on the republican side. they had several billions of dollars to raise on the student loans in the future. we didn't, so we've compromised down and it's basically $715 million over ten years. and since there's going to be over a trillion dollars in student loans over ten years, $715 million is not much compared to the trillion dollars in student loans that will be taken out over the next ten years. that comes down to about $71 million a year. and that's just about as close as we can get it to budget neutrality. so what's this mean for students? it means that this fall, all undergraduate students, subsidized or unsubsidized will only have to pay 3.68% good interest. that's down from 6.8%, down to 3.86% and that means heil thail have that
meaning that billions of dollars will not be generated off the backs of students to reduce our budget deficit, something that was included in the version of this legislation that passed the house and was a key feature on an earlier republican bill that received a vote in the senate, an passing vote but received a vote. and, again, these are the compromises made on the republican side. they had several billions of dollars to raise on the student loans in the future. we didn't, so we've...
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Jul 30, 2013
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grow our middle class, as it spent manufacturing crises in pursuit of a cut at all cost approach to deficits, we would be much better off. we would be much better off. i don't want to go through the same old arguments where i propose a new idea and the republicans just say no because it's my idea. >> i mean, nia-malika, are the gloves off? it seems kind of straight forward there. >> indeed. what he is clearly trying to do, he is trying to frame this debate before it actually happened. interesting that he went to a very red state, corkers, about corker's own backyard. corker had been in some ways a partner to the president, at least more of a moderate in terms of considering some of the president's plans. it doesn't look like that is going to happen this time. he already came out and said that he was skeptical of it. but i think it's smarter of the president to go on the offense. we'll see what happens. congress folks are going on recess. they'll be back in their own neighborhoods. they'll probably be having some town halls. it will be interesting to hear what comes out of that, what sort of
grow our middle class, as it spent manufacturing crises in pursuit of a cut at all cost approach to deficits, we would be much better off. we would be much better off. i don't want to go through the same old arguments where i propose a new idea and the republicans just say no because it's my idea. >> i mean, nia-malika, are the gloves off? it seems kind of straight forward there. >> indeed. what he is clearly trying to do, he is trying to frame this debate before it actually...
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Jul 29, 2013
07/13
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we have seen several pieces of legislation that reduce the deficit substantially. we are seeing the most rapid reduction of the deficit since the end of world war ii when we he mobilized. mobilized. de- we are controlling healthcare costs. host: jack lew on meet the press and let us hear from sammy in maryland. i am recently retired. i retired in 2011. i have been working for the local government. fractured her neck six months later. i became her advocate. gettin ght einformation on the -- if getting the information on the healthcare program is anything like medicare, they assume you have a computer or you can use a computer. -- now i ample that having major issues with going through the internet and trying to get the information on medicare. it is an example of how the obamacare stuff is going to be. that is not enough time and in a readily enough format that everyone can use. republican -- a far as theou seen as impact of the federal health care law? caller: i am retired. we have our own health care. i am on medicare. gentleman on before saying the unions were ag
we have seen several pieces of legislation that reduce the deficit substantially. we are seeing the most rapid reduction of the deficit since the end of world war ii when we he mobilized. mobilized. de- we are controlling healthcare costs. host: jack lew on meet the press and let us hear from sammy in maryland. i am recently retired. i retired in 2011. i have been working for the local government. fractured her neck six months later. i became her advocate. gettin ght einformation on the -- if...
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Jul 25, 2013
07/13
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than reduce deficits with a scalpel by cutting out programs we do not need, looking at the ones we do need or maybe once uttered in need of reform, making government more efficient, instead of doing that, we of folks who insist on leaving in place of meat cleaver called the sequester that has cost jobs, harmed growth, hurt the military, gutted investments in education, science, medical research -- [applause] almost every credible economists will tell you it has been a huge drag on this recovery. and it means we are under investing in the things that this country needs to make it a magnet for good jobs. page -- our facebook here is a couple of editorials, on the president's economic speech -- we will begin with "the new york times" -- here is "the wall street journal" -- corey a democrat and grand rapids, michigan. what do you think about the president's economic policy? caller: the first thing many to do is give us an accurate number of the people unemployed. the people that are on unemployment is totally inaccurate. we need the real number of people that are unemployed. not the numbe
than reduce deficits with a scalpel by cutting out programs we do not need, looking at the ones we do need or maybe once uttered in need of reform, making government more efficient, instead of doing that, we of folks who insist on leaving in place of meat cleaver called the sequester that has cost jobs, harmed growth, hurt the military, gutted investments in education, science, medical research -- [applause] almost every credible economists will tell you it has been a huge drag on this...
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Aug 1, 2013
08/13
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they want us to reduce the deficit. that is a good thing. they want us to create jobs and be fair to the middle class. i coom from texas. one of the worst disasters to occur was in west texas. the tragedy and the devastation of the loss of our fellow americans in an explosion that should not have happened. what was the cry? what was the federal government doing? what was the regulatory scheme in order to prevent whatever ignited that terrible tragedy to see the loss of first responders, the federal government is an umbrellas on a rainy day. fix the problems of regulation one by one. if there is one that is undermining small businesses, we are happy to do the disapproval process and you can be assured that the american people will cry out. but i can tell you there is no proof, no legitimacy, but no documentation, no stories of i hate the federal government. i don't hate the federal government. i pledge allegiance to this great flag and great nation. mr. cohen: i yield as much time to the gentlelady from texas. ms. jackson lee: i love my count
they want us to reduce the deficit. that is a good thing. they want us to create jobs and be fair to the middle class. i coom from texas. one of the worst disasters to occur was in west texas. the tragedy and the devastation of the loss of our fellow americans in an explosion that should not have happened. what was the cry? what was the federal government doing? what was the regulatory scheme in order to prevent whatever ignited that terrible tragedy to see the loss of first responders, the...
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Jul 25, 2013
07/13
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[cheers and applause] and our deficits are falling at the fastest rate in 60 years. [cheers and applause] so thanks to the grit and resilience and determination of the american people, of folks like you, we've been able to clear away the rubble from the financial crisis. we've started to lay a new foundation for stronger, more durable economic growth. and you know, it's happening in our own personal lives as well, right? a lot of us tightened our belts, shed debt, maybe cut up a couple of credit cards, refocused on those things that really matter. as a country, we've recovered faster and gone further than most other advanced nations in the world, with new american revolutions in -- in energy and technology and manufacturing and health care. we're actually poised to reverse the forces that battered the middle class for so long and start building an economy where everyone who works hard can get ahead. but -- and here's the big "but" i'm here to tell you today that we're not there yet. we all know that. we're not there yet. we've got more work to do. even though our bus
[cheers and applause] and our deficits are falling at the fastest rate in 60 years. [cheers and applause] so thanks to the grit and resilience and determination of the american people, of folks like you, we've been able to clear away the rubble from the financial crisis. we've started to lay a new foundation for stronger, more durable economic growth. and you know, it's happening in our own personal lives as well, right? a lot of us tightened our belts, shed debt, maybe cut up a couple of...
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Jul 25, 2013
07/13
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we're not willing to sacrifice our economic recovery to push the cost of deficit reduction onto those who can least afford it. we are not willing to shift more of the tax burden onto the backs of the middle class. we're not willing to target medicare or medicaid. and education, for the deep cuts that were in the labor-health bill, which has now been pulled. we're not going to consider the labor-health bill. not on the schedule. it was supposed to be marked up today, it was pulled. so i say to the gentleman, mr. speaker, that he should, and his colleagues, be willing to compromise on the few legislative days that are remaining. if he is, he will have a willing democrats. e and in because we believe that we need to come to an agreement. lastly, let me speak of the debt ceiling. the majority leader, mr. peaker, has made it very clear he thinks not resolving the debt ceiling would be a bad policy for our country. in fact, i believe it would be disastrous for our country, for the economy, for every american and for people around the world. we all know that what happened last -- we all know
we're not willing to sacrifice our economic recovery to push the cost of deficit reduction onto those who can least afford it. we are not willing to shift more of the tax burden onto the backs of the middle class. we're not willing to target medicare or medicaid. and education, for the deep cuts that were in the labor-health bill, which has now been pulled. we're not going to consider the labor-health bill. not on the schedule. it was supposed to be marked up today, it was pulled. so i say to...
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Jul 25, 2013
07/13
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spending more money that we don't have and borrowing more from foreign be investors and running up the deficit is going to create more economic growth? i don't think so. there is a problem that we -- we have a big problem in this country. not only just in the lackluster economic growth, the poor jobs numbers, but look inside the job numbers. we've created roughly 23,000 full-time jobs thus far this year each month. we've created 93,000 part-time jobs, probably attributable in large measure to the affordable care act and the way it discourages companies from hiring workers. rick: a little lightning round, some quick questions, yes or no, if you could just answer them yes or no. anthony weiner, should he drone out of the mayor's race in new york city? >> yes. rick: christine o'donnell, should she consider another run for the be u.s. senate? >> she says she's not. rick: should she? my question for you, should she consider it? >> i think she's got a well formed opinion, and she ought to keep it. rick: can rand paul unite the republican party? >> i'm not clear yet. he's an interesting candidate. le
spending more money that we don't have and borrowing more from foreign be investors and running up the deficit is going to create more economic growth? i don't think so. there is a problem that we -- we have a big problem in this country. not only just in the lackluster economic growth, the poor jobs numbers, but look inside the job numbers. we've created roughly 23,000 full-time jobs thus far this year each month. we've created 93,000 part-time jobs, probably attributable in large measure to...
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Jul 29, 2013
07/13
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if it increases the deficit, so what. increases the national debt, so what. put more people to work, we'll make more money and we'll eventually pay off debt or pay down that debt. and i think we ought to be look at something we talked about not so long ago, executive pay. i would favor a limit saying executives can't make more than -- pick a number. maybe 40% more or 40 times more than the average employee but today, we saw this a couple of weeks ago. it was something like 225 times the average employee that ceos are making in this country. but that certainly contributes to this widening gap. but just think about this. 46.2 million americans. 15% of the population giving in poverty. and 80% of americans experiencing something close to poverty, economic insecurity at some point in their lives. this is really shocking and troubling news. we ought to be talking about it this morning on the "full court press" at 1-866-55-press. >> announcer: this is the "bill press show." for true stories. with award winning documentaries that take you inside the headlines. real,
if it increases the deficit, so what. increases the national debt, so what. put more people to work, we'll make more money and we'll eventually pay off debt or pay down that debt. and i think we ought to be look at something we talked about not so long ago, executive pay. i would favor a limit saying executives can't make more than -- pick a number. maybe 40% more or 40 times more than the average employee but today, we saw this a couple of weeks ago. it was something like 225 times the average...
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Jul 26, 2013
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>> they are running a $377 million deficit on maintenance every year. so every year they get further and further behind and the degree of maintenance to catch back up, the cost becomes more complex because you are not doing preventative maintenance. you are doing structural maintenance. at the grand canyon we are dipping water out of the river sometimes from the water in there to run the toilets. grand canyon national park. are we proud of that? >> well, i am committed and again the state doesn't have an awful lot of structure in our state. we still benefit as americans. we have to look at it as a whole, not just what is good for my state or do i get a part of this and do i get something for it? this is something that has to be done and i applaud you, sir. >> thank you senator manchin and certainly a problem-solving approach is going to be very useful. senator barrasso is next. co want to thank senator coburn for his leadership. i agree completely that the land and water conservation fund should be for maintenance backlog in upper new acquisitiacquisiti
>> they are running a $377 million deficit on maintenance every year. so every year they get further and further behind and the degree of maintenance to catch back up, the cost becomes more complex because you are not doing preventative maintenance. you are doing structural maintenance. at the grand canyon we are dipping water out of the river sometimes from the water in there to run the toilets. grand canyon national park. are we proud of that? >> well, i am committed and again the...